Real Estate by Fania — Stefania Riverin
(786) 828-0091

$339,900was $349,900

401 SW 109th Ave #23

2 bd · 2 ba · 1,120 sq ft

Asking price cut 2.9% on August 23, from $349,900.

25 days on marketCondominium
401 SW 109th Ave #23, photograph 1 of 7401 SW 109th Ave #23, photograph 2 of 7401 SW 109th Ave #23, photograph 3 of 7401 SW 109th Ave #23, photograph 4 of 7401 SW 109th Ave #23, photograph 5 of 7401 SW 109th Ave #23, photograph 6 of 7401 SW 109th Ave #23, photograph 7 of 7

Listing courtesy of United Real Estate Miami. 305-273-9000

From the MLS

Bedrooms
2
Bathrooms
2
Living area
1,120 sq ft
Asking per square foot
$303
Year built
1984
Association fee
$200 monthly
ZIP code
33174
MLS number
A12061802

What the listing says

Investor-ready opportunity in the highly desirable FIU area! Two-story townhome with assigned parking and a functional split-bedroom floor plan upstairs, featuring a primary suite with private bath plus a convenient half bath on the first floor. The only unit in the building with an enclosed rear patio. Currently leased at $2,300/month with area rents ranging from $2,400 to $2,700/month, offering excellent upside potential. Approx. 5.6% CAP Rate. Boutique 26-unit condominium with low HOA fees of only $200/month. The community is consistently in demand and units are always rented. New roof installed, and the condominium recertification has already been paid for by the seller. No reserves. Excellent income-producing property for investors!

Description supplied by United Real Estate Miami.

Before you offer on this one

The asking price is the easy part. What decides a Miami condo purchase sits in the association’s budget, its reserve study, the last twelve months of board minutes and the milestone inspection — and in whether the declaration permits what you intend to do with it.

Stefania represents buyers. She does not hold this listing and has no stake in this one selling over any other, which is the position you want the person reading those documents to be in.

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